Grab Explores Stablecoin Payments with StraitsX

[madtrader]

Grab, Southeast Asia’s largest super-app, has signed an MOU with Singapore-based StraitsX to explore a Web3-enabled settlement layer. If approved, users could hold and spend StraitsX-issued stablecoins like XSGD and XUSD directly within the Grab app across eight countries, potentially transforming cross-border retail payments in the region.